scholarly journals Management of the monitoring system in financial projects of organizations

2021 ◽  
Vol 1 (1) ◽  
pp. 316-320
Author(s):  
Volodymyr GriGorenko ◽  
Tetyana Kadylnykova
Keyword(s):  
Financial Stability ◽  
Balance Sheet ◽  
Financial Statements ◽  
Financial Indicators ◽  
Building Systems ◽  
Rational Version ◽  
Function Calculation ◽  
Software Information ◽  
Made In

The article considers the basics of building systems for monitoring financial projects, which are based on an algorithm that determines the project actions, their sequence, the composition of the executors, funds and resources needed to perform these actions. The use of monitoring systems in the management of financial projects can minimize the risk of errors made in the early stages of development, and facilitates various project parameters. The main functions that will be performed by the system of monitoring financial projects are as follows: adding, editing, reviewing information of election financial statements, results of balance sheet items; registration, users, editing user information; authorization in the system using login and password; password recovery function; calculation of indicators of financial stability of the project; determination of financial stability of the project on the basis of financial indicators; adding, editing information in the project; view, edit information by the administrator about clients registered in the system. Creation and management of the system of monitoring of financial projects allow: to establish the necessity of construction and expediency of realization of the financial project; determine what types of work, in which departments of the organization and in what order they should be performed, by the financial project; choose the most rational version of the database and all types of its support (technical, software, information, organizational, linguistic, mathematical, legal); determine the optimal composition of methods and means of implementation about a particular organization.

Moderation Before the Storm

2017 ◽  
Author(s):  
Pierre L. Siklos
Keyword(s):  
Monetary Policy ◽  
Financial Stability ◽  
Balance Sheet ◽  
Central Banks ◽  
Central Banking ◽  
Financial Indicators ◽  
Policy Strategy ◽  
Central Bank Communication ◽  
Current State ◽  
Macroeconomic Environment

This chapter provides an overview of the macroeconomic environment since 2000. The era is broken down into three periods: 2000–2006, 2007–2010, and 2011–present. Warnings of an imminent crisis were present before 2007, but generally they were ignored by self-satisfied policymakers. Pre-crisis, inflation control was the once rising and, seemingly, preeminent monetary policy strategy. A review, both pre- and post-GFC, of a wide variety of macroeconomic and financial indicators is included, with discussion of lesser known variables such as proxies for central bank communication and balance sheet indicators. These clearly enable us to identify interventions by central banks while also highlighting areas of continuing concern. In some respects (e.g. concerns about financial stability), everything has changed post-crisis, but in other respects (e.g. monetary policy strategy) fewer changes are apparent. The chapter concludes by arguing that there are reasons to be apprehensive about the current state of monetary policy and central banking.

scholarly journals Assessment of financial stability and payment capacity of Russian companies

2021 ◽  
Vol 12 (2) ◽  
pp. 92-100
Author(s):  
Nikolay M. Tyukavkin ◽  
Vasilisa S. Vasilenko
Keyword(s):  
Financial Reporting ◽  
Financial Management ◽  
Financial Stability ◽  
Financial Analysis ◽  
Balance Sheet ◽  
Financial Statements ◽  
Automatic Generation ◽  
Financial Flows ◽  
Complex Concept ◽  
Software Products

The article discusses the concepts of financial stability, solvency, solvency ratios, financial reporting, financial analysis, liquidity indicators, solvency indicators, balance sheet, report on financial results, considers the advantages of implementing software products for the automatic generation of financial indicators based on financial statements. Financial management is becoming a time-consuming and priority task facing the management personnel of any modern enterprise, regardless of its field of activity. The financial stability of an enterprise is a complex concept that reflects a financial condition in which the enterprise is able to freely dispose of funds, balance financial flows, carry out effective activities in conditions of entrepreneurial risk and a dynamically changing environment, while maintaining solvency, having investment potential and a number of competitive advantages. The system of indicators characterizing the solvency and financial stability of the enterprise is the most important aspect, therefore, this article also discusses the indicators of financial stability, solvency, their calculation procedure, as well as the size and results. Methods for assessing the information contained in the financial statements are determined, examples of calculating the liquidity and solvency ratios of enterprises are given. The ways of increasing the financial stability and solvency of companies are described and considered.

scholarly journals CORPORATE BANKRUPTCY AND INSOLVENCY PREDICTION MODEL

2021 ◽  
Vol 27 (5) ◽  
pp. 1039-1056
Author(s):  
Alina Daniela Voda ◽  
Gabriela Dobrotă ◽  
Diana Mihaela Țîrcă ◽  
Dănuț Dumitru Dumitrașcu ◽  
Dan Dobrotă
Keyword(s):  
Financial Stability ◽  
Predictive Power ◽  
Balance Sheet ◽  
Financial Indicators ◽  
Insolvency Risk ◽  
New Methods ◽  
Financial Difficulties ◽  
Score Model ◽  
Classification Information ◽  
Competitive Economy

In any competitive economy, the risk of bankruptcy is pervasive. The research aims to contribute in improving the predictive power of bankruptcy and insolvency risk among companies by introducing new methods of processing and validation. This paper investigates the extensive application of the Z score model for predicting the economic-financial stability of Romanian companies in the manufacturing and extractive industries. A list of 37 financial indicators determined on the basis of the balance sheet data of 80 companies for the period 2015–2018 was used. Stepwise Least Squares Estimation through the Forward method allowed the identification of the most relevant ones. Canonical discriminant analysis and sensitivity analyzes were introduced to test the predictive power of the model. The new model identified allows both the prediction of bankruptcy and insolvency risk. This study contributes to the literature by testing variables in relation to financial difficulties and by including other classification information. The robustness of the determined canonical discriminant function was verified by testing the model on two other samples.

scholarly journals FINANCIAL SECURITY OF THE ENTERPRISE: AN ALTERNATIVE APPROACH TO EVALUATION AND MANAGEMENT

2021 ◽  
Vol 19 (02) ◽  
pp. 303-336
Author(s):  
Larysa Dokiienko
Keyword(s):  
Sunflower Oil ◽  
Financial Stability ◽  
Methodological Approach ◽  
Oil Production ◽  
Financial Statements ◽  
Security Level ◽  
Financial Security ◽  
Financial Indicators ◽  
Scientific Publications ◽  
Alternative Approach

Purpose – The main purpose of the article is to justify an alternative approach to assessing the level of financial security of the enterprises based on use the model of modified and adjusted financial statements. Research methodology – The following methods of general theoretical and empirical research were used in the writing of the article: abstract-logical (when systematizing scientific publications on the problems of financial security management of enterprises), comparisons and grouping (when developing and validating a model of modified financial statements), coefficient (when considering and using models for adjusting modified financial statements), grouping (when clustering enterprises depending on the results of the analysis), formalization (when developing a matrix for diagnosing the level of financial security of enterprises), generalization (when formulating research findings). Findings – Based on an established sample from nine of sunflower oil production enterprises of Ukraine their modified financial statements have been developed, it was adjusted to the consumer price index, key financial indicators of the model have been identified and the level of their financial security over the past 7 years have been assessed. The research identified a direct relationship between the level of financial security of enterprises and key financial indicators: financial stability, solvency and financial risk. Also, the proposed methodological approach can be not only an important tool for diagnosing the level of financial security of enterprises, but also its forecasting. Research limitations – The research limitation is associated with sampling size and geographical scope. Also, the diagnostic results may differ depending on the chosen adjustment base, determination of adjustment method and selection of inflation measurement method for the modification financial statements. Practical implications – Practical use of the proposed model proves that it is a convenient, simple, understandable and effective tool for diagnosing the financial security level of enterprises in terms of the main components: financial stability, solvency, and risk. The use of the proposed approach to the assessment of the financial security of the enterprise can serve as an indicator of the overall efficiency of its management at sunflower oil production enterprises and as an informative tool for factor analysis. Originality/Value – Consideration of a significantly different, alternative approach that allows enterprises to quickly and easily diagnose the level of their financial security; to manage it effectively during the current period, and can also become the basis for the formation of strategic directions of financial development and forecasting of the level of financial security for prospective period.

scholarly journals Financial distress in Brazilian banks: an early warning model,

2017 ◽  
Vol 29 (77) ◽  
pp. 312-331
Author(s):  
Paulo Sérgio Rosa ◽  
Ivan Ricardo Gartner
Keyword(s):  
Early Warning ◽  
Financial Distress ◽  
Financial Stability ◽  
Balance Sheet ◽  
Warning Signs ◽  
Capital Adequacy ◽  
Financial Indicators ◽  
Forecast Horizon ◽  
Early Warning Model ◽  
Warning Model

ABSTRACT This study aims to propose an early warning model for predicting financial distress events in Brazilian banking institutions. Initially, a set of economic-financial indicators is evaluated, suggested by the risk management literature for identifying situations of bank insolvency and exclusively taking public information into account. For this, multivariate logistic regressions are performed, using as independent variables financial indicators involving capital adequacy, asset quality, management quality, earnings, and liquidity. The empirical analysis was based on a sample of 142 financial institutions, including privately and publicly held and state-owned companies, using monthly data from 2006 to 2014, which resulted in panel data with 12,136 observations. In the sample window there were nine cases of Brazilian Central Bank intervention or mergers and acquisitions motivated by financial distress. The results were evaluated based on the estimation of the in-sample parameters, out-of-sample tests, and the early warning model signs for a 12-month forecast horizon. These obtained true positive rates of 81%, 94%, and 89%, respectively. We conclude that typical balance-sheet indicators are relevant for the early warning signs of financial distress in Brazilian banks, which contributes to the literature on financial intermediary credit risk, especially from the perspective of bank supervisory agencies acting towards financial stability.

scholarly journals Ways to Assess and Improve the Financial Sustainability of Russian Organizations Development

2019 ◽  
Vol 9 (1) ◽  
pp. 1568-1571
Keyword(s):  
Sustainable Development ◽  
Financial Stability ◽  
Balance Sheet ◽  
Policy Instruments ◽  
Sustainable Growth ◽  
Financial Indicators ◽  
Objective Condition ◽  
Financial Return ◽  
The Sustainable Development ◽  
Business Entities

In the implementation of production activities, the objective condition for the sustainable development of business entities is a comprehensive approach to the analysis of financial indicators of the organization. The problem of ensuring sustainable growth has been relevant for several decades and is the subject of close attention of Western and domestic scientists. The work clarifies the methodological tools relating to the assessment of competitive positions in the domestic market, provided that solvency is maintained. The essence of sustainable development at the macro and micro levels is revealed. The main focus is on the assessment of financial stability indicators as an information base for making effective management decisions. The paper discusses the theoretical foundations of the analysis of liquidity and solvency of companies. The types of the state of liquidity of the balance sheet of the company are clarified. The essence, as well as the relationship of solvency and liquidity, as one of the main areas of the financial condition of the organization is revealed. An algorithm for determining the potential solvency of an organization is presented; a mechanism for increasing the financial return on assets is considered. On the example of the organization of the building complex, the indicators of financial indicators were evaluated, critical values were determined for the studied indicators. A set of measures to improve financial performance is proposed. The presented material may be interesting for the development of public policy instruments for the implementation of the concept of sustainable development of the regional system.

Penerapan Pernyataan Standar Akuntansi Keuangan (PSAK) No. 27 pada Koperasi Pegawai Biotek LIPI Cibinong di Bogor

2019 ◽  
Vol 6 (1) ◽  
pp. 13
Author(s):  
Jeffry .
Keyword(s):  
Balance Sheet ◽  
Accounting Standards ◽  
Financial Statements ◽  
Financial Accounting ◽  
Made In

Preparation of Balance Sheet Biotech Employees Cooperative LIPI Cibinong not in accordance with Statement of Financial Accounting Standards (SFAS) No.. 27, so that the author made in accordance with SFAS No.. 27. Biotech Employees Cooperative LIPI should Cibinong, recruiting an employee who understands the preparation of financial statements that adhere to the Statement of Financial Accounting Standards (SFAS) No.. 27.

scholarly journals Accounting reports as an information base for analyzing the financial stability of an enterprise

2020 ◽  
Vol 8 (1) ◽  
pp. 81-85
Author(s):  
Ekaterina Orlova ◽  
Al'fiya Imamutdinova
Keyword(s):  
Market Economy ◽  
Financial Stability ◽  
Financial Statements ◽  
Objective Analysis ◽  
Financial Indicators ◽  
Successful Development ◽  
Information Base ◽  
Financial Condition ◽  
Accounting Reports ◽  
Effective Growth

For effective growth in a market economy, it is necessary to properly manage the company's finances, including conducting a reliable and objective analysis of the company's financial condition based on complete and up-to-date information. The main source of such information is accounting reports. Therefore, it is necessary to be able to navigate the financial statements and financial indicators of the organization for the successful development of the enterprise

scholarly journals Intervenção na Santa Casa de Campo Grande, MS: Estudo de Caso Sobre a Evolução dos Indicadores Financeiros da Instituição

2020 ◽  
Vol 23 (38) ◽  
pp. 170-177
Author(s):  
Jefferson Levy Espindola Dias ◽  
Pedro Henrique Gamarra Nascimento
Keyword(s):  
Financial Crisis ◽  
Balance Sheet ◽  
Financial Statements ◽  
Financial Indicators ◽  
Net Worth ◽  
The Government ◽  
Financial Administration ◽  
The Impact

A Santa Casa de Campo Grande passou por um período de intervenção pelo poder público durante o período de 2005 a 2013, com a justificativa de reverter o quadro de crise vivido pelo hospital na época. O objetivo deste estudo é verificar o impacto dessa intervenção nos indicadores financeiros da instituição, avaliando, assim, a sua eficácia financeira. O estudo de caso foi realizado através da análise das demonstrações contábeis do período, sendo estas o balanço patrimonial e a demonstração do resultado do exercício. Com esta análise, extraíram-se os índices de liquidez, endividamento e rentabilidade, índices estes que foram interpretados, assim como tiveram sua variação avaliada. O resultado encontrado demonstra um baixo índice de liquidez, com pico em 2013 de 0,6972; índices de endividamento que não poderiam ser cobertos pelo patrimônio líquido da instituição; e, um aumento do prejuízo acumulado e do saldo negativo do patrimônio líquido. Observou-se, portanto, que houve piora nos indicadores financeiros analisados durante o período de intervenção do poder público, evidenciando que o mesmo não cumpriu os objetivos definidos à época da intervenção. Palavras-chave: Indicadores Financeiros. Intervenção. Administração Financeira. Abstract              Campo Grande-MS Santa Casa Hospital underwent a period of intervention by the government from 2005 to 2013, with the justification of reversing the financial crisis the hospital was going through at the time. The objective of this study is to check the impact of this intervention on the institution’s financial indicators, thus evaluating its financial effectiveness. The case study was performed by analyzing the financial statements for the period, which are the balance sheet and the profit and loss statement for each year. With the analysis, the liquidity, indebtedness and profitability indexes were extracted, interpreted, and its variation evaluated. The result shows a low liquidity ratio, peaking in 2013 at 0.6972; indebtedness ratios that could not be covered by the institution's net worth; and, an increase in the accumulated loss and negative net worth balance. Therefore, it was observed that financial indicators analyzed worsened during the government’s intervention, showing that it did not meet the objectives set at the time of the intervention. Keywords: Financial Indicators. Intervention. Financial Administration.

Displaced Commercial Risk Pada Bank Syariah (Studi Pada Bank X)

2015 ◽  
Vol 2 (6) ◽  
pp. 496
Author(s):  
Wiwit Mustafidah ◽  
Noven Suprayogi
Keyword(s):  
Risk Management ◽  
Financial Stability ◽  
Balance Sheet ◽  
Mitigation Measures ◽  
Impact Measurement ◽  
Islamic Bank ◽  
Process Risk ◽  
Risk Treatment

The purpose of this study is to determine how the process of risk management toward displaced commercial risk. This study used a qualitative approach with case study method in the X Islamic Bank. Techniques of data collection was conducted by doing interview and documentation. At the results, X Islamic Bank processing risk management toward displaced commercial risk by doing six stages. First stage was: determination of context by defining comprehension and stakeholders, the second stage was: identification by looking at the cause of the displaced commercial risk, more over: analysis of risk by identifying strategies, impact, and estimate the level of impact measurement, the fourth evaluation of risk by giving the decision process risk, fifth: risk treatment by way of mitigation measures / accept riskthe last stage was : monitor and review by looking at the balance sheet to determine the level of the bank's financial stability.

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